A group works to decrease costs and make the process of transferring leased aircraft across borders easier.
Eliminating duplicated maintenance required by different regulatory agencies could take out billions of dollars of maintenance and engineering work on leased aircraft when they transfer across borders. Given that 40% of the world's commercial aircraft fleet is leased, and that figure continues to climb, these costs if not corrected will grow with the expanding fleet. The industry spends $369 million per year on aircraft maintenance and modifications to satisfy disparate aviation ...
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